[Lifehacks] Balancing the budget just got a little easier with Korea’s second-hand markets | SehndeWeb

[SHUTTERSTOCK]

Whether you live in a dorm or a studio, everyone has an endless list of everyday essentials to buy. But for the student who doesn’t have a lot of money, it’s not easy to afford everything.

If you’re concerned about balancing your budget and spending, online second-hand marketplaces might be the way to go.

Nowadays, the number of online transactions is increasing due to the pandemic and the second-hand market is growing rapidly. From daily necessities to gift icons and Kpop products, almost everything is sold on the apps.

In this article, Korea JoongAng Daily will look at three commonly used second-hand trading apps and how to use them.

Danggeun Market

Danggeun Market

Danggeun Market

What is that?
Second-hand shopping is mostly done online and often involves the hassle of packing items into delivery boxes and waiting two to three days for them to arrive. But the Danggeun Market has changed the way second-hand trading works.

On the app, people select the neighborhood they live in, confirm their address, and can only trade with neighbors.

After confirming your address, you can look around for products your neighbors are selling.

Since the seller and the buyer live close to each other, most Danggeun market users meet face to face to hand over purchased goods.

It’s safer than sending deliveries because you don’t have to reveal your personal information such as your address. Also, you can buy a product after meeting the seller and checking its condition.

What is special?
There is an indicator called “way temperature”. Everyone’s temperature starts at 36.5 degrees Celsius (97.7 degrees Fahrenheit), but increases when the seller receives good reviews from previous buyers. Users can check past reviews and how quickly the seller responds to check if they are trustworthy.

You can also use Danggeun Market as a guide for your local neighborhood. It’s hard to know where to find good coffee unless you’ve lived quite a long time here in Korea. On the app, there is a bulletin board where your neighbors leave reviews and join or host online and offline meetings with neighbors who have similar tastes.

Advice to users
Usually, it is more common for buyers to go to a location preferred by the seller. If you want to check out a wider variety of products, try choosing two locations as your neighborhood. One where you actually live, and another where your college is, or a neighborhood you go to regularly because you have a part-time job there. This way you can see the products listed in both quarters.

Bungaejangter

Bungaejangter

Bungaejangter

What is that?
Bungaejangter is another used trading app. Unlike Danggeun Market, you can buy and sell things to anyone, not limited to your neighborhood.

Since Bugaejangter is an application with a wide range of transactions, you can find more products without being limited to your neighborhood.
With nationwide exchanges, app users tend to send items to buyers via parcel deliveries.

What is special?
There is a secure payment system called Bungaepay. If the buyer pays using Bungaepay, Bungaejangter holds the money until the buyer receives the product. When the customer confirms having received the product, Bungaejangter then sends the money to the seller. There is however a 3.5% commission, but using the service protects your money.

Since you don’t meet the buyer to get the items, you need to be more careful when checking the product quality. If you are unsure, just ask! Users can chat using “Bungaetalk”, the app’s messaging system, and request more information such as product photos.

You can check if the seller has scammed someone in the past by searching their account, name, mobile number on a website and app called “the cheat” (thecheat.co.kr) or on the website National Police Agency website (www.police.go.kr). All sellers are required to verify their name to register the products they wish to sell.

The app also has a three-step law, suspending the account if the seller is found to be going against community guidelines or scamming buyers three times.

Advice to users
When you buy expensive goods on Bungaejangter, you can pay in installments without interest. Not all sellers offer to accept payments in Bungaepay, so use the secure payment filter when searching for a product so you don’t need to ask if Bungaepay is available. If you want to use the secure payment filter, check the red box when searching for a product. The red icon means Bungaepay is available.

Market advice “at any time”

Everytime

Everytime

What is that?

“Everytime” is an essential app for students studying in Korea. You can get various information ranging from tips on campus life to lectures.

Each university has its own private online board and access is only granted to students who verify with their student ID.

To buy used items on the app, you can go to the Market Board section.

Students freely buy and sell necessities in the section, such as gift icons, cosmetics and tickets.

The seller can choose to send items to the buyer via parcel delivery, but since everyone is from the same university, meeting the seller and getting what you bought directly is much better.

What is special?
Like other apps, Everytime users will offer to give away certain items, known as nanum, or sharing in Korean, for free. Being an app for college students, the items offered on Everytime are mostly course materials and textbooks.

There are many freebies in the Nanum category of the Market Board, so you can get course materials like scientific calculators and textbooks for free.

There are plenty of book giveaways, especially at the start and end of the semester, so if you’re someone who wants to save some money, keep an eye out for those times.

Advice to users
Everytime is an app where people post anonymously, so you should be aware of the exchange of contact information and just use the built-in Everytime messenger. Everytime isn’t just a second-hand shopping app. In the Studio category, people post rental ads for tenants, offering to rent studio apartments for a short period. Current residents are also uploading messages, trying to find people who will move in once they move out.


☞ Five things you should be wary of before making a purchase

#1 Products that are too cheap
#2 When the seller’s name and their bank account name don’t match
#3 If the seller avoids direct selling even on apps like Danggeun Market and Everytime
#4 When the seller does not provide specific information about the product they are selling or avoids sending photos of the product.
#5 When seller tries to communicate with KakaoTalk instead of app messenger

BY STUDENT REPORTER KIM YOON-JEONG [kjd.kcampus@joongang.co.kr]

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